New Life Solutions Inc

“The return was prepared by an independent accounting firm and then reviewed and approved by the president/ceo of the organization. A copy of the return was distributed to the entire board prior to filing with the irs.”

“Each director, principal officer, and member of a committee with governing board delegated powers annually signs a statement that affirms such person: 1. Has received a copy of the conflict of interest policy. 2. Has read and understands the policy. 3. Has agreed to comply with the policy, and 4. Understands the organization is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities that accomplish one or more of its tax-exempt purposes determining whether a conflict of interest exists after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Procedures for addressing the conflict of interest: a. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under the circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision on whether to enter into the transaction or arrangement.”

“On an annual basis, the board of directors performs an annual performance evaluation of the chief executive officer (ceo). During this process, the board reviews the past accomplishments and future goals of the organization. The board reviews similar compensation levels of other ceo's to determine reasonable compensation. In addition, the board uses the annual evaluation and its expectations to determine the ceo's annual compensation. An annual motion is brought before the board for approval. The most recent process was done in december, 2023. The organization has several key employees. On an annual basis, the ceo conducts a performance evaluation of their work, the goals of the organization, and future growth. The board of directors has given the ceo authority to set all salaries and wages, with the exception of his own. Under the budget constraints, the ceo is authorized to set wages for key employees. During the annual budget process, the governance committee and the board of directors review the salaries of key employees. The most recent process was done in 2023.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”